Forwarded from Hassan
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Forwarded from Abdullah Amir
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Thanks Ali🏆
Forwarded from Basma Lailia
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Forwarded from Afaf
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Forwarded from Doris
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Forwarded from Mã Hâu
I want to start with 2000$ but on what I saw you are good and real
True retail long% is 35.4% (which is the 6th percentile). 24 hours ago it was 38.1%. In other words, only ~35% of retail accounts are in a net long position.
Long% can decrease in three ways:
1. longs enter, shorts enter (but shorts enter at a higher rate)
2. longs exit, shorts exit (but longs exit at a higher rate)
3. longs exit, shorts enter (self-explanatory)
If open interest is increasing (which it is), it means longs and shorts entering (which is option1). OI is in the 99th percentile right now and increase by ~0.5b over the last 24h.
So the 24h OI delta of +0.5b coupled with the 2.7% decrease in long% indicates retail longs and shorts are likely both entering but shorts are entering at a higher rate, fueling this move up.
This move likely continues going up until retail long% starts to reverse and move back up (trapping longs).
Long% can decrease in three ways:
1. longs enter, shorts enter (but shorts enter at a higher rate)
2. longs exit, shorts exit (but longs exit at a higher rate)
3. longs exit, shorts enter (self-explanatory)
If open interest is increasing (which it is), it means longs and shorts entering (which is option1). OI is in the 99th percentile right now and increase by ~0.5b over the last 24h.
So the 24h OI delta of +0.5b coupled with the 2.7% decrease in long% indicates retail longs and shorts are likely both entering but shorts are entering at a higher rate, fueling this move up.
This move likely continues going up until retail long% starts to reverse and move back up (trapping longs).
Forwarded from Abubakkar
I don't know how to share my pnls with you sir 😂😘